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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce

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To: RikRichter who wrote ()7/17/1998 7:06:00 PM
From: Nick Smith  Read Replies (3) of 2752
 
Hello all. Joined SI just because of TSQD. Most embarrassing today to phone B T Alex Brown to be told I needed at least $250,000 to open an account. Does anyone know if there are any small brokers that might allow people with a mere 50k to get in on the IPO?

I have been following TSQD on SI for some months, however I have missed out on explanations as to why when DRIV goes public the TSQD share price should automatically go up. I'm just trying to convince myself to buy. People must have to believe they are getting part of the potential wealth of DRIV in order to buy TSQD on Aug 10th. TSQD's value obviously goes up with DRIV's share price, but only the action of people buying TSQD drives up TSQD's price. How can TSQD shareholders benefit from owning a stake in DRIV, because the implied benefit does not seem automatic to me.

I'm sure this has been gone over many times before, so can anyone point me to some previous posts that would explain why this will happen and give me more confidence. I would be most grateful.

I have a measly $1000 worth of TSQD in an IRA, which I bought when the price peaked at $3 two or three months ago. I thought I paid too much then!
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